Pepsi Bottling Group (PBG)

PepsiCo Makes Sweetened Bid for PBG

From 2009-08-04 to 2009-08-04 --

PepsiCo made a sweetened $36.50/share offer for bottler PBG after its previous bid of $29.50/share was rejected. The deal is expected to save the combined companies more than $300 million a year by 2012.

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Pepsi Bottling Group Raises Earnings Guidance

From 2009-06-11 to 2009-06-12 --

PBG raised both its 2Q2009 and annual earnings based on the trends of continued commodity price deflation and decreased volatility in foreign currencies for the improved outlook.

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PepsiCo Makes Offer to Acquire Pepsi Bottling Group

From 2009-04-16 to 2009-04-20 --

In a move to regain control of its bottling operations, PepsiCo accounced an offer to buyout shareholders of PBG, its largest bottler. Under terms of the offer, PBG shareholders will receive $14.75 in cash and .283 shares of PepsiCo per share of PBG.

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Deutsche Bank Analyst Upgrade

From 2009-04-01 to 2009-04-02 --

Deutsche Bank upgraded PBG to "buy," citing renewed stregnth in the US soda market and increased marketing of its products by PepsiCo.

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Q4 '09 Earnings Drop to Losses on Impairment Charges

From 2009-02-10 to 2009-02-13 --

Pepsi Bottling Group reported a 2% increase in revenues to $3.8 billion in Q4 '09 vs q4 '08, but impairment charges caused quarterly earnings to be a loss of $271 million..